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Bateau Bay Suburb Insights

VIC
Location Information

Suburb Name

Bateau Bay, VIC

Distance from CBD

20.6 km
Demographics

Population

12,146

Median Income

$30,316

Area Information

Area

6.94 km²

Population Density

1750 people/km²

Property Market

Median Price

$1,127,462

Annual Growth

+12.9%
Property Price Trend Analysis

Current Median Price

$1,127,462

Annual Growth

+12.9%

Quarterly Growth

+3.8%

Price Trends - Last 6 Months

2024-01

$482,915

+7.1%
2024-02

$646,806

+11.9%
2024-03

$1,096,006

+11.2%
2024-04

$1,124,258

+7.8%
2024-05

$822,353

+11.2%
2024-06

$731,113

+15.5%
Property Type Price Analysis
House

Median Price

$1,632,704

Growth Rate

+5.6%

Available Listings

399 properties

Apartment

Median Price

$407,643

Growth Rate

+9.9%

Available Listings

686 properties

Townhouse

Median Price

$610,407

Growth Rate

+16.7%

Available Listings

302 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy